LoanCare Adds New Tools To Its Servicing Platform

LoanCare launched a new suite of tools connecting homeowners with information about their home equity options.

Digital Recapture provides lenders the ability to connect with homeowners looking for home equity and interest rate information. 

Lenders can act on leads in real-time, taking advantage of cash-out or rate/term refis and HELOC information that keeps homeowners apprised of their options. They also get notified of new application submissions as they come in.

The product includes a dedicated Refinance Center within the homeowner portal and mobile app, serving as an information hub and boosting targeting digital promotions based on lender preference and homeowner eligibility. 

“We’re excited to introduce these retention tools as a significant enhancement to the homeowner digital experience while offering our clients a tactical way to boost engagement and loan origination as a part of their portfolio defense strategy,” said Dave Worrall, president of LoanCare. 

“By providing homeowners with direct access to refinancing options and giving our clients real-time actionable leads, this program underscores our commitment to delivering value at every stage of the mortgage lifecycle.”

Digital Recapture is available through LoanCare’s proprietary digital platform. It provides retention touchpoints to help lenders enhance their recapture strategy and strengthen borrower relationships.

“We are actively working with lenders to capitalize on refinancing and retention opportunities by putting our knowledge, energy, and technology to use,” Worrall added.

LoanCare is a national provider of full-service, component, and interim mortgage loan subservicing. It is part of Fidelity National Financial, a Fortune 500 company and provider of title insurance and transaction services to the real estate and mortgage industries.

It redesigned the website powered by its propriety software earlier this year, making it simpler and more consumer-focused.